UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
Gulf Markets
For 211.3 million riyals .. Al-Othaim Markets sells land in Medina
Today, Wednesday, Abdullah Al-Othaim Markets Company agreed to sell the land owned by the company in... Read more
World Markets
Meta raises $10 billion in its first bond offering
Facebook owner Meta Platforms on Tuesday raised $10 billion in its first-ever bond offering as it lo... Read more
World Markets
Hong Kong Stock Exchange approves listing and trading of Alibaba shares
The Hong Kong Stock Exchange has agreed to list shares of Chinese e-commerce company Alibaba, paving... Read more
World Markets
Musk sells $6.9 billion in Tesla shares
On Tuesday, Elon Musk sold $6.9 billion of Tesla shares, according to published regulatory filings,... Read more
UAE Markets
ADNOC Drilling increases its quarterly profit 19%
ADNOC Drilling achieved a 19% increase in quarterly profit to record $205 million. According to Arab... Read more
World Markets
The German economy is expected to lose 260 billion euros due to the Ukraine war
Projections by the IAB Employment Research Institute have stated that the German economy may lose mo... Read more
Gulf Markets
Extra distributes 25% cash dividends for the first half of 2022
United Electronics Company Extra decided to distribute cash dividends and bonus shares to shareholde... Read more
Gulf Markets
Today, the trading of "Al-Amar Food" shares begins in the Saudi market
Today, the listing and trading of Alamar Food Company begins in the main Saudi market with the tradi... Read more
Crypto currencies
"Bitcoin" rises 3.2% and reaches 23,880 dollars
Billionaire Michael Novogratz, founder of crypto financial services company Galaxy Digital Holdings,... Read more
Gulf Markets
SABIC increases profits by 3.8% in the second quarter of 2022
The profits of the Saudi Basic Industries Corporation (SABIC) increased by 3.79% after zakat and tax... Read more
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